Tax Brief: The QBI Deduction expires in 2025, Take…
The qualified business income (QBI) deduction is available to eligible businesses through 2025. After that, it’s scheduled to disappear. So […]
Preparing for the RIA Audit under new SEC Private…
Effective November 13, 2023, Rule 206(4)-10 mandates Registered Investment Advisors (RIAs) to obtain an annually certified audit for any private […]
Tax Brief: IRS efforts to combat questionable ERTC claims
The Employee Retention Tax Credit (ERTC) was introduced back when COVID-19 temporarily closed many businesses. The credit provided cash that […]
Tax Brief: 9 key tax considerations when starting a…
When launching a small business, many entrepreneurs start out as sole proprietors. If you’re launching a venture as a sole […]
Audit Brief: How financial reporting helps attract debt &…
Financial reporting plays a key role when a business needs funds for continued operations and strategic investment opportunities. Lenders and […]
Audit Brief: Auditing Revenue Recognition Critical To Financial Statements
Revenue is the top line of an income statement, making accurate reporting essential for financial transparency. Under U.S. Generally Accepted […]
Tax Brief: Tax-favored Qualified Small Business Corporation status could…
Operating your small business as a Qualified Small Business Corporation (QSBC) could be a tax-wise idea. Tax-free treatment for eligible […]
Tax Brief: Important PLESA benefit takes effect from tax…
As part of the SECURE 2.0 law, there’s a new benefit option for employees facing emergencies. It’s called a pension-linked […]
Audit Brief: Merger due diligence and best practices
Engaging in a merger or acquisition (M&A) can help your business grow, but it also can be risky. Buyers must […]